Jackson Hole Market – What to Do While It Is a Buyer’s Market

Towel background. VERY shallow DOF.Who doesn’t love the idea of a fresh new bathroom to enjoy that morning shower in each and every day? Or picturing a sleek powder room that you can proudly guide your guests to? These days most homeowners are thinking twice before calling a contractor to do these costly jobs. If you are considering tackling the project yourself, here are some tips to get you started on the right track to a beautiful new bathroom at a fraction of the cost.

With real estate markets slowing in almost every region, Jackson Hole is no different. We are seeing a considerable lack of buyers yet we are unfortunately not seeing prices drop to help increase the level of purchases. We believe that we will see a few more “motivated” seller in the next few months. In the meantime it is an excellent time to investigate upgrading your current home. The article included in this report should assist you in many ways. Another avenue to look into is that contractors are becoming very eagar. There is all of a sudden a lack of work and ample contractors looking for work. This is exciting as new construction and remodel projects should become much more affordable during the spring and summer seasons. If you are a buyer looking into the Jackson Hole Real Estate Market there are some decent deals out there — you just need to know where to look. For more information feel free to contact us at 307-739-8056. Enjoy reading the suggestions below.

  1. Carefully assess your financial situation, then set a budget. Be generous with your estimates as it is always better to set a high budget and finish with leftover cash, than to have a tiny budget that forces you to spend more than you’ve allowed yourself.
  2. Carefully measure your bathroom. The importance of this step cannot be underestimated. Digital measuring tools are worth their weight in gold.
  3. Make a list or sketch of your renovation plan. This will include a new tub/shower, sink, fixtures, etc.
  4. Decide upon wallpaper, paint and tile. Have an alternate plan in case your first idea does not work.
  5. Take your plans to your home improvement store. Compare prices at more than one store. Make detailed notes and keep them together in a file so that you can get the lowest price possible. You may even discover some items at the store that cost less and you like more than what you had originally planned upon.
  6. Take home any paint, tile or wallpaper samples. View them at different times of day in your bathroom. Certain colors that look soothing by day, can look garish by night due to lighting.
  7. When you have assessed all of the above, does it fit into your budget? If so, go ahead and purchase everything you need to avoid multiple trips to the store.
  8. When finished, pat yourself on the back for a job well done!

For more information go to the Do It Yourself Website.